HEG

HEG FCF/Debt

The Free Cash Flow to Debt Ratio of HEG (HEG.NS) as of Oct 16, 2026 is -8.22 %. In the previous year, Free Cash Flow to Debt Ratio was 16.59 % — a change of -149.58% (lower).

FCF/Debt

-8.22 %

YoY

-149.58%

Last updated:

Free Cash Flow to Debt Ratio of HEG is 2026 -8.22 % . Free Cash Flow to Debt Ratio of HEG was 2025 16.59 % . It decreases by -149.58% lower compared to the previous year.

The HEG FCF/Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

FCF/Debt
Date
FCF/Debt
Jan 1, 2019
214.72 INR
Jan 1, 2020
108.15 INR
Jan 1, 2021
154.24 INR
Jan 1, 2022
-75.25 INR
Jan 1, 2023
-49.34 INR
Jan 1, 2024
38.66 INR
Jan 1, 2025
16.59 INR
Jan 1, 2026
-8.22 INR
The HEG FCF/Debt history
YEARFCF/DebtYoY
-8.22 %-149.58%
16.59 %-57.09%
38.66 %-178.34%
-49.34 %-34.42%
-75.25 %-148.78%
154.24 %+42.62%
108.15 %-49.63%
214.72 %+11.43%
192.70 %+762.17%
22.35 %-19.39%
27.73 %+3.76%
26.72 %-52.01%
55.68 %—

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HEG Stock analysis

What does HEG do? HEG Ltd, listed on the National Stock Exchange with ticker HEG.NS, operates in the Industrials sector specializing in Electrical Equipment. The company, headquartered in Noida, India, employs 903 people. Founded in 1994, it manufactures and exports graphite electrodes primarily for steelmaking via Electric Arc Furnaces. HEG also generates power through two thermal plants and a hydroelectric facility, totaling over 77 MW capacity across multiple locations including Tawanagar and Durg. Its power plants support its graphite electrode manufacturing operations. HEG is one of the most popular companies on Eulerpool.

Frequently Asked Questions about HEG stock

Free Cash Flow to Debt Ratio of HEG is -8.22 % in 2026.

Free Cash Flow to Debt Ratio of HEG changed from 16.59 % to -8.22 %, representing a -149.58% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Free Cash Flow to Debt Ratio HEG since 2006 – with annual values, charts, and detailed analysis.

FCF/Debt measures the percentage of total debt that could be repaid from free cash flow. It is a stricter measure than OCF/Debt as it accounts for capital expenditures.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Free Cash Flow to Debt Ratio's HEG with sector peers and the industry average to assess whether it is attractive.

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Leverage — HEG

All Key Metrics — HEG